Long-Term Care insurance (LTCi) is a core product for Mutual of Omaha and we intend to remain a key player in this market for years to come. In order to fulfill this commitment, we actively monitor emerging industry trends as well as our own experience so we can make the adjustments necessary that will allow us to keep our promises to policyholders and remain competitive in the marketplace. For this reason, we will be implementing the following rate adjustments effective May 1, 2019: Block of Business Impacted States LT50, NH50, HCA, LTA and NHA Virginia For a complete
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Medicare News – Omaha Family of Companies
Medicare Supplement: Upcoming Med Supp Rate Adjustments Please view the upcoming Med supp rate adjustments in KY, MS, NE, PA, UT, and TX. A Rewarding Year Ahead Webinar Questions Brokerage Sales kicked off their first live monthly webinar series on Tuesday, January 26, 2019 titled, A Rewarding Year Ahead. If you missed the webinar you can watch it on demand! Our next live webinar is on Tuesday, February 26th at 10:30 a.m. CST. MACRA Policyholder Notification Mutual of Omaha plans to launch a communication campaign to current Med supp policyholders to explain the impact of MACRA. #goldencareagent
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Priority Income Protection® for Mortgage Protection
Ask your middle-income clients what their most significant purchase has been so far and most will say their house. Now ask them if they have a plan in place to continue mortgage payments if they have to miss work due to an accident or injury. 70% of Americans have less than $1,000 in a savings account. Some people may think they will figure things out if that time comes, but the reality is most people would not be able to take this big fluctuation in their income. Priority Income Protection is a great option for mortgage protection. It has an
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Cancer Insurance Pays a Lump Sum Payment for Out-of-Pocket Costs
About 1.7 million new cancer cases are expected to be diagnosed this year. With advances in medical treatment, most of the people diagnosed will survive and live several more years. With cancer insurance from Mutual of Omaha, your clients will be able to pay for out-of-pocket costs including: Coverage shortfalls-deductibles, benefit limitations Special expenses-transportation, hotels, family care Living expenses if you must miss work-house payments, utilities, groceries Use the cancer insurance flyer to show your clients the need for this coverage. It’s available for immediate download here or Sales Professional Access. You can also order through your normal ordering channels.
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Help Clients Prepare for What Comes Next
You have worked with your client on determining their life insurance needs and the application is signed. Now, it’s time for underwriting. Underwriting is an important part of issuing a life insurance policy, but many times, it can also be a confusing time for your clients. That’s why we created the What Comes Next in the Application Process brochure. This client brochure is designed to be used with fully-underwritten life insurance business. It provides: An overview of the assessments that may be required Tips on preparing for each assessment An overview of the types of questions that may be asked
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Genworth Long Term Care Underwriting: Write it Right Webinar | 2/26/19
Genworth Long Term Care Underwriting: Write it Right Webinar • Tuesday, February 26, 2019 at 11:00 AM Eastern / 12:00 PM Central Join us for a webinar where you will hear from Genworth’s Underwriting Managers Amy Chambers and RG McGann. This webinar is designed to help you with tips to increase your placement rates. Tuesday, February 26, 2019 at 11:00 AM Eastern / 12:00 PM Central Register using the link above. Seating is limited. Genworth will not be recording the call. After registering, you will receive a confirmation email containing information about joining the webinar. #goldencareagent
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Genworth, Industry News, and Long-Term Care.
Genworth Financial Announces Fourth Quarter 2018 Results
02/05/19 Fourth Quarter Net Loss Of $329 Million And Adjusted Operating Loss Of $291 Million Full Year Net Income Of $119 Million And Adjusted Operating Income Of $179 Million RICHMOND, Va., Feb. 5, 2019 /PRNewswire/ — All Required U.S. Insurance Regulatory Approvals Have Been Received For The Proposed Transaction With China Oceanwide Holdings Group Co., Ltd (Oceanwide) Oceanwide Merger Agreement Deadline Extended To March 15, 2019; In Discussions With Canada Regarding National Security Matters Including Customer Data Protection U.S. Mortgage Insurance (MI) Full Year Adjusted Operating Income Of $490 Million, Increased 58 Percent Compared To 2017 U.S. MI’s PMIERs1 Sufficiency
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Genworth, Industry News, and Long-Term Care.
Good News | Invite Your LTCi Applicants to use Omaha’s Scheduling Portal
Scheduling Telephone Interviews Just Got Easier! Thanks to Mutual of Omaha’s new online scheduling portal, LTCi applicants can schedule a telephone interview at their convenience. The portal is available day or night, even on weekends and holidays. Now your clients won’t be waiting for a call from an unknown, toll-free number. Interviews can be completed sooner, which can shorten the underwriting process and help prevent cases from becoming inactive. Mutual of Omaha has updated the Next Steps in the Application Process flyer to help you explain this new option to your clients.
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TOMORROW! Don’t miss our special LTCi Tax Advantages presentation
Tomorrow! Special Webinar With Tom Fridrich – LTCi Tax Advantages Join us Thursday, February 7th at 11 a.m. Central Time as Mutual of Omaha’s Advanced Markets Specialist, Tom Fridrich, discusses the tax-saving potential of a traditional LTCi policy. Just in time for Tax Season, this webinar will bring you up-to-speed so you can advise your LTCi clients of the tax deductibility of their premiums! SPECIAL: The Unique Tax Advantages of Traditional LTCi Thurs, Feb 7, 2019 11:00 AM to 11:45 AM CST Reserve your space now – seats are limited! Questions? Call our Marketing Team at 800-842-7799! Read Full
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“Longevity, Life Expectancy & The Long Run”
“Longevity, Life Expectancy & The Long Run,” by Tania Slade, Advisor Magazine “BMO Wealth Management wanted to know how Americans are thinking about this increased longevity, so we conducted a survey of more than 500 Americans aged 55 and older to explore their views on aging and their top concerns tied to family and wealth. … The study shows that Americans’ top concerns about living a long life include health problems and costs, becoming a burden on family, and maintaining financial security. And more importantly, far more aging Americans would most like to be remembered for the values they lived by
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Clippings, Industry News, and Long-Term Care.
